If you have a low rate with a pretty high LTV already then I wouldn't be refinancing it now to consolidate $12K in debt.3) You need to find a deal before you can apply for the loan.

Working on a few STR deals with savvy investor sellers and we are wrapping some really low interest rates so the DOS clause concern is very much alive… We have decided to go the land trust route w/ one of the properties to try to be as careful as possible.

Value-add strategies like BRRRR can work well in any market provided that you buy low enough (the challenge for all of us).

Further, the reason for sale sub to may be because of some property deficiency that does not allow the property to qualify for new financing, or the property may not be worth the amount owed forcing the seller to “compensate” a higher than market price with either “easy or no qualifying” or a low interest rate.

That's a low-return improvement, compared to say new bathrooms/kitchens.IMHO, if you expect to increase your net through rental and market appreciation, consider the length of time it will take to realize that goal—many years. 

I was going to have to get a zoning variance because the subject property was in a low density residential zone.  

Here’s a tip: Lowes usually has zero-interest financing sales 2 or 3 times per year.

Unemployment historical low.

Hi @Brian Scott,With your low FHA rate, moving isn’t ideal, so using your current property’s equity could be a great option.

I can however purchase the house cash for $30,000 without having any title work but of course take the risk on of someone potentially claiming their stake (the odds of this seem very low).